City
Epaper

Sensex hovers around 57K mark, IT stocks in focus

By Lokmat English Desk | Updated: August 31, 2021 12:49 IST

Equity benchmark indices lay flat during early hours on Tuesday but traders showed buying interest in IT scrips.

Open in App

Equity benchmark indices lay flat during early hours on Tuesday but traders showed buying interest in IT scrips.

At 10:15 am, the BSE S&P Sensex was up by 99 points or 0.17 per cent at 56,988 while the Nifty 50 rose by 23 points or 0.13 per cent to 16,954.

Sectoral indices were mixed with Nifty IT up by 0.6 per cent. But Nifty auto, metal, pharma and bank were in the red.

Among stocks, HCL Technologies advanced by 0.5 per cent to Rs 1,169.20 per share while Tata Consultancy Services rose by 0.4 per cent and Tech Mahindra by 0.6 per cent.

The other major gainers were Bharti Airtel which gained by 2.3 per cent, Asian Paints, Ad Ports, Sun Pharma, Eicher Motors and Tata Steel.

But auto majors Tata Motors, Mahindra & Mahindra and Hero MotoCorp skidded by thin margins along with Reliance Industries and State Bank of India.

Meanwhile, Asia stock markets opened lower despite fresh all-time highs on Wall Street as worries about China's slowing economic growth and regulatory changes weighed on investor sentiment.

MSCI's gauge of Asia Pacific stocks outside Japan slipped 0.25 per cent while Japan's Nikkei fell more than 0.3 per cent in the morning session.

Hong Kong's Hang Seng index and China's benchmark CSI300 index opened down 0.1 per cent and 0.2 per cent respectively.

( With inputs from ANI )

Open in App

Related Stories

Entertainment"Bengali freedom fighters have been insulted in the film": TMC leader Kunal Ghosh on 'Kesari Chapter 2'

InternationalIndia, Central American Integration System hold virtual dialogue

Other SportsChengdu 2025 World Games medal design unveiled

InternationalDalai Lama congratulates Mongolia's new PM Zandanshatar Gombojav

NationalHoneymoon murder case: Meghalaya Police question over 20 people in Indore

Business Realted Stories

BusinessChintan Research Foundation to focus on evidence-based research: Pranav Adani

BusinessAshwini Vaishnaw meets Russian Deputy PM, discusses rare earth metals and infrastructure

BusinessElsa-3 shipwreck: Kerala mulling admiralty suit against MSC shipping company

BusinessIndia needs a scale of transformation to become 'Viksit Bharat' by 2047: Pranav Adani

BusinessAir India flights to be hit from June 21 to July 15 due to Boeing checks